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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: American Spirit who wrote (94033)4/14/2001 12:01:40 AM
From: s-words  Read Replies (3) of 436258
 
Michael Murphy advised people that he was going heavily on margin at COMP 3200.

"but we went fully invested at the end of August and led you right into an ambush."

Now he's blaming Wall Street? Take some responsibility for your lame calls, Mike!

"Not only was there no evidence of a top, there was no need for a top. The top was created by Wall Street shaking companies’ confidence, which was expressed as a cutback in inventories, which caused an inventory recession, which cascaded into layoffs, reduced consumer demand and darn near a real recession." LOL!
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